AVZ Discussion 2022

[Ancient]

Patriot Battery Metals hasn't done anything yet. Anyone think it could?
ASX.PMT

Hi again Sangster , a quick disclaimer that i am invested in PMT. Here's my thoughts. The PMT deposit is another monster like Manono. The defined resource already is significant but my expectation is that in the coming years it will grow to be one of the largest globally behind Manono.

The Canadian government is looking to supply Chinese supply chains as a result of tension with the US. But my opinion is that overtime tensions will settle and Canadian lithium will be used significantly in US supply chains.

Ive always thought that due to the projects quality its a likely acquisition target and to be honest thats why i have targeted it.

I am actually surprised one of the larger players hasn't taken it out while the commodity prices have been down.

Depending on where we get to with this cycle as has been mentioned by Skar, we might expect a rising tide to float all boats PMT would be a candidate here.

Something to consider thats always in the back of my mind is, how might a project like Manono effect the market in the mid to long term. Remember years ago talking about 10 t/pa and the like? Obviously this takes a while to happen. But many analysts don't even account for Manono in supply projections. And if theyre not accounting for that then what else arent they doing? In this scenario the cost of production is very important. As I mentioned though imo that isnt a problem for owning pmt right now, as it will eventually be acquired and will be a problem for a big fish to worry about. All very speculative and my opinion only.

 

[Dazmac66]

Any idea when the 5% ICC verdict will land? Be some nice timing if it dropped now.

 

[Xerof]

It will be recalled that arbitration proceedings ICC No. 27425/SP commenced by the Company against
Dathomir, seeking orders that it validly acquired a 5% shareholding in Dathcom, pursuant to a Share
Purchase Agreement executed in 2019 (SPA 2019) is pending, and whilst a hearing date has not yet
been set, it is expected to occur late 2025. The Company is confident that it will be successful in these
proceedings which will confirm that it validly acquired 5% of the Dathcom shares from Dathomir.

No further updates since this 2 July 2025 announcement afaik

 

[Dazmac66]

Awesome, thanks Xerof. I knew it was close and I did check the list of cases posted a while back before asking!! I wouldn't be surprised if Congs/Zijin lawyers are fine tooth combing to see if they can kick that can down the road.

 

[Flight996]

It will be recalled that arbitration proceedings ICC No. 27425/SP commenced by the Company against
Dathomir, seeking orders that it validly acquired a 5% shareholding in Dathcom, pursuant to a Share
Purchase Agreement executed in 2019 (SPA 2019) is pending, and whilst a hearing date has not yet
been set, it is expected to occur late 2025. The Company is confident that it will be successful in these
proceedings which will confirm that it validly acquired 5% of the Dathcom shares from Dathomir.

No further updates since this 2 July 2025 announcement afaik

I'm hoping that if (when) the ICC establishes that the final 5% of Dathcom was legally acquired, and subsequently rules in favour of AVZ, the ASIC case against Nigel and Graeme will be dead in the water...unless ASIC can pull some last-minute dodgy rabbit out of a hat thing based on fucking moonbeams or fairy dust. Any further arguments that ASIC can conjure up will be rather esoteric.

Cheers
F

 

[Seaworthy]

DRC-RWANDA| New date for signing of peace agreement


Reprogrammed several times, the ceremony may now be held on 21 November at The White House.

Washington explains this postponement as being due to US President Donald Trump's busy schedule.

 

[Sangster]

Washington explains this postponement as being due to US President Donald Trump's busy schedule.

I hope President Trump's busy schedule included a one on one discussion with Fat Bastard about his family's embezzlement and the consequences of further obstruction to the peace process.

 

[yaseenmeoncebefore]

DR Congo and M23 rebel group sign a framework agreement for a peace deal in Qatar

The Democratic Republic of Congo and the M23 rebel group signed a fresh framework for peace in Qatar Saturday after multiple rounds of direct talks between the warring sides. The Rwanda-backed paramilitary…

www.france24.com

 

[yaseenmeoncebefore]

I don't know this guy at all. Don't know if he is reliable or not. Maybe I should not even share his post, but I hope what he is saying is true.

Edit: Take it with a grain of salt. He has jumped to conclusions before haha

 

[Flight996]

I hope President Trump's busy schedule included a one on one discussion with Fat Bastard about his family's embezzlement and the consequences of further obstruction to the peace process.

Monty Python's Fat Bastard (left) versus the DRC's Fat Bastard (right)

One has gorged on a few too many party pies and vanilla slices; the other has gorged on his country's wealth and resigned generations of its citizens to a lifetime of poverty.

 

[Hudnut]

Monty Python's Fat Bastard (left), and the DRC's Fat Bastard (right)

View attachment 93063

One has gorged on a few too many party pies and vanilla slices; the other has gorged on his country's wealth and selfishly resigned generations of his citizens to a lifetime of poverty.

I didn't know Mike Meyers was in Monty Python.

 

[Sangster]

Monty Python's Fat Bastard (left) versus the DRC's Fat Bastard (right)

View attachment 93063

One has gorged on a few too many party pies and vanilla slices; the other has gorged on his country's wealth and resigned generations of its citizens to a lifetime of poverty.

Mr Creosote from The Meaning of Life attached, not sure how to link it on my phone. Neither am I sure which of these fat bastards is worse. Felix has harmed many more people so probably him.

 

[Uglybob]

I hope President Trump's busy schedule included a one on one discussion with Fat Bastard about his family's embezzlement and the consequences of further obstruction to the peace process.

More likely they will sit down and swap notes to see if they can learn something from each other. Both are grifters in it to get whatever they can with no regard for the people who elected them.

 

[Sangster]

More likely they will sit down and swap notes to see if they can learn something from each other. Both are grifters in it to get whatever they can with no regard for the people who elected them.

Probably true but in this case it's in Trump's interest that DRC and Rwanda sign the peace treaty so that Trump can deliver on the minerals for security deal. It also makes him look weak and ineffective when these third world crooks have him running around after them.

 

[Dave Evans]

Here’s a video footage from Al Jazeera today of a bridge collapse killing dozens of mine workers in the DRC.

At the 1:40 mark, one miner mentions how local miners mined there freely before Tshisekedi’s family and Chinese mining companies got involved. The video goes on to mention the poor working conditions, corruption, child labour and how DRC troops shoot at miners to secure mining sites



Seems like a good time to remind people of China’s other violations of artisanal miners in the DRC

Artisanal Mining And Chinese Companies In The DRC

On top of forced evictions and serious human rights abuses by Chinese companies operating in the DRC, up to 2000 people per year die in Chinese owned artisanal mines every year...

thestockexchange.com.au

And Zijin’s violations in mining operations around the world

Reports On Zijin Mining’s Violations

Read multiple reports on Zijin Mining’s violations Non fiction journalists reports on Zijin Mining 👇 Zijin’s poisoned legacy A toxic spill last year blackened the name of Chinese metals giant Zijin Mining. But, in Fujian, its broken promises and environmental failures have a longer history...

thestockexchange.com.au

 

[Sangster]

At the 1:40 mark, one miner mentions how local miners mined there freely before Tshisekedi’s family and Chinese mining companies got involved. The video goes on to mention the poor working conditions, corruption, child labour and how DRC troops shoot at miners to secure mining sites.

It's sad but when a mining company moves in to exploit a resource after proving it up the artisanal miners get displaced. In this case it appears government troops may be deployed to keep them away. It's a problem we too would face if our permit had been awarded in accordance with the law, and solving that problem is not easy.

Prior to AVZ our own John Clarke worked for another company with a DRC gold project. They tried to solve the problem by promising jobs at the mine to local artisanal miners. However once the mine was built many thousands turned up hoping to get those jobs. Some who'd worked the area for many years before being displaced missed out on those jobs. This fact was exploited by militants to stir trouble and the project ultimately failed.

About 5 or 6 years ago I spoke with Graeme Johnston on the phone. AVZ had planned to approach the problem by building a processing plant for the artisanal miners. They would offer a local buyer paying top dollar for the ore, but to use the plant all miners and their sites would have to be registered and meet certain conditions.

These conditions included things like ensuring their children attended school and their sites were operated according to strict safety standards. They would effectively become guardians of their site in a similar way to how poachers have been converted to rangers protecting the very animals they once hunted. It was an intelligent idea and I'd looked forward to seeing it tested.

Despite what some may say of our board we have good people there. They followed the law, had innovative ideas to tackle problems we would face, and have not sold us out.

I hope many others remember that.

 

[Sammy_da_Smile]

Whoops, I missed this Tweet from the Bureau of African Affairs 4 days ago

Bureau of African Affairs
https://x.com/AsstSecStateAF

@AsstSecStateAF The devastating mine spill in the DRC by CDM, a Chinese mining company, highlights its negligence and disregard for the Congolese people. This same company's workers recently kidnapped and assaulted @Rendeavour COO and U.S. citizen Preston Mendenhall in September.

These actions contrast with U.S. companies who follow environmental regulations, create jobs, transfer skills, and expand opportunities for the Congolese people, underscoring the importance of the U.S.-DRC partnership. We commend Minister Watum for suspending CDM’s license and look forward to working with the DRC government to attract more responsible investment that drives mutually beneficial growth.

7:29 AM · Nov 14, 2025
57.7K Views

https://x.com/AsstSecStateAF/status/1989068009898447170

…. So Chinese mining companies in the DRC are bribing officials and violating human rights

And the US say they are coming to the rescue

…. Meanwhile this is what the Congolese President’s family think when they read these reports

As for us, we’ve heard it all before. Might be time to go on a quiet relaxing holiday and unwind for a week ahead of the AGM, somewhere where I can find some peace

…. I know just the place

MSN

"https://www.msn.com/en-ca/news/worl...ooting-off-the-runway-in-dr-congo/ar-AA1QBzVR"

Plane crash in DRC with the Minster of Mines on board.

 

[BRICK]

While we are in the vein of youtube clips to describe things...

 

[TheGermanOne]

ICSID update available!

 

[Longunvest]

Case Details | ICSID

icsid.worldbank.org